The companies whose shares are moving in pre-market trade on Wednesday are: Eastman Kodak, PetSmart, Eaton, First Majestic Silver, Salesforce.com, Big Lots, Advance Auto Parts, Merck & Co, Applied Materials and Intel Corp.
Eastman Kodak Co. (NYSE:EK) shares gained 3.06 percent to $3.71 in pre-market trading session after the company received favorable recommendations from the staff of the U.S. ITC in a patent dispute with Research In Motion and Apple.
PetSmart, Inc. (NASDAQ:PETM) shares advanced 2.49 percent to $43.55 in pre-market trading session. The company reported first quarter net income of $70.9 million or $0.61 per share compared to $55.6 million or $0.46 per share in the same quarter last year.
Eaton Corp. (NYSE:ETN) shares advanced 1.86 percent to $51.01 in pre-market trading session.
First Majestic Silver Corp. (NYSE:AG) shares gained 1.47 percent to $17.99 in pre-market trading session. The stock has a 52 week low of $10.32 and 52 week high of $26.88 and has $1.64 billion market capitalization.
Salesforce.com, Inc. (NYSE:CRM) shares advanced 1.07 percent to $135.68 in pre-market trading session. FBR Capital maintains an 'Outperform' rating on shares of CRM and a price target of $170.
Big Lots Inc. (NYSE:BIG) shares slumped 8.06 percent to $34.70 in pre-market trading session on news that the company decided not to sell itself after bids from private equity firms did not value the company appropriately.
Advance Auto Parts Inc. (NYSE:AAP) shares plunged 7.91 percent to $65.07 in pre-market trading session as its first quarter earnings fell short of expectations. The company reported first quarter net income of $109.6 million or $1.35 per share compared to $109.4 million or $1.19 per share in the same quarter last year and against analysts’’ estimation of $1.37 per share.
Merck & Co Inc. (NYSE:MRK) shares declined 2.87 percent to $36.50 in pre-market trading session. The stock has a 52 week low of $31.04 and 52 week high of $37.68 and has $115.99 billion market capitalization.
Applied Materials Inc. (NASDAQ:AMAT) shares declined 2.62 percent to $14.12 in pre-market trading session.
Intel Corp. (NASDAQ:INTC) shares declined 1.68 percent to $23.48 in pre-market trading session. The company stock was downgraded to “sell” rating from “neutral” rating at Goldman Sachs.